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Social entrepreneurship
- 1. Social Entrepreneurship POVERTY Citizenship Stage 2 The Boys’ Brigade 12th (Independent) Singapore Company
- 2. What is Poverty? Poverty is the deprivation of things that determine standard quality of life, such as food, shelter, clothes and safe drinking water, but also the intangibles of the opportunity to learn and to enjoy the respect as other citizens do. Globally, 1.3 billion people live in extreme poverty, living off not more than $1.25 a day. Poverty often results in health abnormalities for the poor, unemployment due to lack of education and other setbacks which causes the poor to be trapped in a vicious poverty cycle, of which many are unable to break free from.
- 3. So who is our Social Entrepreneur? Bill Gates is the founder of the Microsoft Conglomerate, the world’s largest PC software company and is an American entrepreneur , philanthropist and investor. He has already given more than $28 billion to charitable initiatives , and has started his own charitable organization, the Bill and Melinda Gates Foundation that predominantly focuses on extreme poverty and healthcare. He has also founded The Giving Pledge with Warren Buffett whereby billionaires pledge to donate half of their wealth to philanthrophy.
- 4. Gates’ Inspiration Bill Gates believes money has no utility to him beyond a certain point, but entirely in building an organisation and getting the resources out to the poorest in the world. He finds himself certainly well taken care of in terms of food and clothes. Therefore he restlessly discusses with his wife about how they are going to take the wealth they are lucky enough to have and give it back to society in a way that is impactful. He has always sought definitive solutions to problems, which he is convinced can solve global diseases that plague the poor such as polio.
- 5. Contributions Besides being most known for popularising the computer, Bill Gates has made countless humanitarian contributions. He founded the Bill and Melinda Gates Foundation, which aims to enhance global healthcare and eradicate poverty. From the donations of Bill Gates and many other Social entrepreneurs into foundation, people from Nigeria, India and Haiti namely have benefitted. The Foundation also sponsors scholarships for aspiring university enrollees, which helps further their studies without burdening them financially. The Foundation is most prominent for donating billions to crisis causes such as during the 2004 Tsunami, USD3million was donated to aid victims, while USD50million was donated to UN efforts to jointly control the Ebola epidemic.
- 6. Challenges and Resolutions Bill Gates faces a very different and unorthodox challenge than most people do, to continually be America’s Richest person. Bill personally hates the status of being most wealthy, because he credits his fortune to the support of his family and God. His struggle and dilemma on how his money should be spent first arose when Microsoft broke through and became a big hit. He was eventually inspired to help the needy and decided to take a break from Microsoft and became a Philanthropist. Therefore as an extremely blessed man he makes sure to put his fortune into good use. By establishing the Bill Gates Foundation, donating a large portion of his fortune into global heathcare and charitable causes, and incorporating Microsoft Technologies into medical machinery, he is now the world’s most generous philanthropist.
- 7. Impact on Society The technological advances of Microsoft spearheaded by Bill Gates have had significant impacts on the Global Stage, in terms of change in human society. Not only has Microsoft transformed the exploitations of machines in the Healthcare Industry, it has also provided an platform for internet users to reach out to the financially and socially marginalised and less needy. This has helped better amplify the needs and complications faced by the poor and sick. Ultimately, Bill Gates has somehow changed the world simultaneously with a single idea, and that has definitely improved the living standards of many.
- 8. How have we learnt and how can WE help The generosity and sincerity of Bill Gates charitable acts have taught us as one becomes more blessed, it is his duty to use the blessings to bless others. Essentially giving back to the community that raised you. We have also learnt being rich is not everything we can be in the world. We often perceive success as financial security and prosperity, but success can come in the form of bringing help and smiles to people that need the money more, just like how Bill Gates has done through his philanthropy work. For one thing our wealth is nowhere near that to Bill Gates’, it is the heart and effort put into helping the needy that matters, not the amount. We do not ought to donate astronomical amounts to international humanitarian organisations, instead we can be practical and start small. More specifically, as students we can plan VIA projects, be more active in volunteer work and work more closely with socially benefitiarial organisations in Singapore. A small helping hand goes a long way, so no contribution is too small, as long as it comes from a sincere heart.
- 10. Thank You and God Bless Don’t compare yourself with anyone in this world, if you do, you’re insulting yourself. -Bill Gates- Done by: Jonathan Thumboo, Caleb Theophilus, Benjamin Loh, Vijay Balasingam, Adiel Bethapudi